Russian economy will remain balanced

No “colossal downturns” are being experienced despite Western sanctions, the former president has said Russia’s economy will not be reduced to the defense industry alone, despite the ongoing conflict with Ukraine and Western sanctions, former President Dmitry Medvedev told journalists on Sunday. Imbalances in the economy will not be allowed to develop, he said, adding that the country is unlikely to suffer the fate of the Soviet Union. “There is currently no threat of economic militarization in a way, in which it existed [in the USSR] in the 1970s and 1980s,” Medvedev said. The former president argued that the Sov

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Last updated : 27 March 2023 clock 12:48 AM

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